Zepto
India 10-minute grocery delivery via dense dark-store network
Logistics / Consumer
📍 Mumbai, India
Founded 2021
Current Valuation
$7.0B
as of 2025-Q4
UNICORN
Zepto is India's leading 10-minute quick-commerce grocery-delivery app, founded in 2021 by Stanford dropouts Aadit Palicha and Kaivalya Vohra. The company has scaled aggressively against Zomato's Blinkit and Swiggy Instamart by building a dense network of urban dark stores. In October 2025, Zepto raised $450M at a $7B valuation - nearly doubling from $3.6B in mid-2024 - and is widely expected to IPO in 2026. Total funding raised across rounds exceeds $2.3B.
Company Profile
Growth
Scaled rapidly to multi-billion-order run-rate; valuation up from $3.6B to $7B in ~15 months
Last Round
Series H — $450M (Oct 2025) · Lead: Undisclosed (multi-investor round)
Founders & Key People
Aadit PalichaKaivalya Vohra
Investors
General Catalyst · Nexus Venture Partners · StepStone Group · Lightspeed · Y Combinator · Avenir Growth Capital · Glade Brook Capital
Products
- Zepto 10-minute grocery delivery app
- Zepto Cafe (food + coffee delivery in 10 minutes)
- Zepto Marketplace (longer-tail SKUs)
- Dark-store dense urban network
Competitors
Blinkit (Zomato/Eternal) · Swiggy Instamart (public) · BB Now (Tata) · Flipkart Minutes
Quick CommerceIndiaGroceryDark StoresPre-IPO
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2025-Q4. Refreshed quarterly.